CALSTART’s US Electric Vehicle Battery Initiative Applauds Congressional Passage of the Inflation Reduction Act | August 12, 2022
CALSTART’s US Electric Vehicle Battery Initiative Applauds Congressional Passage of the Inflation Reduction Act
Washington DC – The U.S. Electric Vehicle Battery Initiative (USEVBI) today issued a statement following House passage of the Inflation Reduction Act (IRA):
“The U.S. Electric Vehicle Battery Initiative applauds today’s passage of the Inflation Reduction Act. The bill provides unprecedented support for the domestic electric vehicle (EV) battery manufacturing sector and supply chain and represents a historic down payment on the transition to a clean transportation system for our nation,” said Jes Olson, vice president of policy for CALSTART.
“Tax policy support for the EV battery market has been a top priority for the USEVBI and we believe this bill will have a transformational impact, incentivizing manufacturing opportunities and the thousands of new jobs that will result from these investments.”
“We thank the Congress for its leadership. We look forward to working further with Congress and the administration on the implementation of the bill, as well as addressing other critical needs for the industry including additional support for workforce development and research and development activities.”
CALSTART is a California-based national non-profit that is an internationally recognized clean transportation technology consortium promoting policies to accelerate clean transportation solutions. Members of the USEVBI specifically seek to advance the competitiveness of the U.S. electric vehicle supply chain.